OKX Founder Warns No Exchange Is Absolutely Safe Amid Binance Hack Fallout

OKX's founder issued a blunt industry-wide warning: no exchange is absolutely safe. The comment lands as Binance works to recover from a $6.3 billion breach. According to crypto-economy.com, the warning serves as a wake-up call for crypto traders.

Binance deployed 7,499 BTC from its SAFU reserve, cutting the tracked balance in half. The move aims to replenish assets lost in the hack. Binance also reopened withdrawals and reported $3.64 billion in net outflows during the first day.

The FBI formally attributed the theft of more than $6 billion from Binance to North Korea's TraderTraitor operation. The agency's move puts the blame squarely on a state-sponsored hacking group.

The attackers behind the Binance breach moved 486,970 SOL worth $46.4 million. They began swapping the Solana into Bitcoin through Relay. Laundering activity expanded beyond Tron, where they had emptied holding wallets.

In a separate development, 50 public companies submitted Notices of Issuer Objection to OKX-ICE's planned tokenized stock venue. The list includes Nvidia, Nike, Costco, and Microsoft, according to OKXICE TSV.

In an odd twist, Bitcoin users have begun sending tiny payments with messages to wallets linked to the Binance hack. The micropayments have turned the attacker's public addresses into an unusual target for on-chain messages.